What is Shipping Carrier?
What is a Shipping Carrier? When looking into what is shipping carrier, the definition refers to companies that move goods between shippers and consignees. A shipping carrier ensures efficient freight transportation using services ranging from small local setups to multi-modal transport. These logistics providers are integral to India’s transportation networks, offering cost-effective solutions for transport […]
Strategic Demand Management
Introduction to Demand Management: Demand management entails managing demand for a certain product or service by forecasting it, planning for it, and controlling it. It seeks to match the supply with demand management to use resources effectively, and to avoid incurring additional costs that would later be shifted to the customers. This process includes a […]
What is Cold Storage Warehouse?
What is Cold Storage Warehousing? Cold storage warehousing is a specialized facility designed to store temperature-sensitive goods, using advanced refrigeration systems to preserve perishable products. These cold storage facilities offer specific temperature control, ensuring the quality and longevity of items, such as food and pharmaceuticals, surpassing traditional warehousing in effectiveness. Purpose of Cold Storage: The […]
what is International Logistics
What is International Logistics? International logistics management involves the movement of goods, services, and information across international borders to ensure smooth supply chain operations. It includes transport and storage, compliance with customs regulations, and cost optimization to support international trade. International trade involves the cooperation between different stakeholders, and it implies compliance with numerous international […]
What is cold chain?
What is Cold Chain? A cold chain involves the running of a temperature-controlled supply chain and its procedures, which include the storage, transportation, and distribution of perishable products such as food and pharmaceuticals. Specific temperature ranges are maintained to prevent their contamination. Efficient cold chain management ensures the smooth functioning of the cold chain logistics process, […]
A look at Supply Chain Analysis
What is Supply Chain Analysis? Supply Chain Analysis is the systematic examination of procedures such as storage, distribution, and transportation of goods within the supply chain. Supply chain analytics helps make sense of these procedures by uncovering patterns and generating insights that can help improve inventory management, delivery, customer satisfaction, and ultimately, profitability. Analytics tools […]
Functions of Warehousing
Warehouses have been around since the growth of the earliest human civilizations in places like Egypt and Rome, with the word “warehouse’ found to have been initially used in England during the 1300s. Since then, significant events like the Industrial Revolution have transformed warehouses, boosting efficiency and order fulfillment capabilities to store and manage finished […]
What is a Freight broker
Freight brokers are the vital link that bridges the gap between shippers and carriers in the transportation market. They are responsible for the movement of goods from one point to another in the most efficient way possible. This encompasses a variety of activities, including arranging for competitive rates, managing shipments, and overseeing the whole delivery […]
A Guide to Inventory Turnover Ratio
What is Inventory Turnover? Inventory Turnover, often referred to as the Inventory Turnover Ratio, represents how well a company manages inventory by balancing units sold and on hand. Efficient Retail Inventory Management ensures smooth supply chain operations and operational efficiency, supported by strategies like Just In Time Inventory and ABC analysis in Inventory Management. What […]
FSN Analysis in Inventory Management
What is FSN Analysis in Inventory Management? FSN (Fast-Moving, Slow-Moving, and Non-Moving) Analysis categorises inventory into fast-moving, slow-moving, and non-moving items based on consumption rate and issuance frequency. This enables better stock control and supports practices like Just-in-time Inventory Management, helping businesses maintain an optimal inventory flow and resource allocation. How does FSN Analysis Work? […]
